Saturday, December 9, 2023

RBC insurance coverage unit faces trip pay class motion

As specified by the doc, the advisors have been paid each a set annual base wage and variable compensation, together with bonuses and commissions, based mostly on their efficiency.

In keeping with the advisors who put the swimsuit ahead, their employer didn’t pay them trip and public vacation pay on high of the variable compensation they have been entitled to. The alleged actions breach employment requirements laws within the seven provinces the place they have been employed: Alberta, Ontario, Quebec, Newfoundland and Labrador, New Brunswick, Nova Scotia, and Prince Edward Island.

“The plaintiff alleges that the phrases of the Compensation Coverage violate the ESL, which requires that variable compensation be handled as wages for the needs of calculating the required trip and public vacation pay,” the courtroom submitting stated.

After consideration of different approaches to calculating pay – one utilized by the plaintiffs and the opposite by the defendants – the presiding decide licensed the category motion towards RBC IA, although he modified a number of the proposed frequent points and proposed definition for the category.

“There’s some foundation in reality that RBC Normal and RBC IA didn’t pay trip or public vacation pay as required underneath the ESL,” the doc stated.

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